$5,995,000

29359 Bluewater Rd Malibu, CA 90265

Malibu Area

Estimated payment $34,985/month

Total Views 290
1.21 Acres
$4,944,738 Price per Acre
52,812 Sq Ft Lot

About This Lot

29359 Bluewater Drive, MalibuA Rare Ready-to-Build New Construction Opportunity on Point Dume. An exceptional opportunity to create a truly distinctive new Malibu residence in the coveted Point Dume community. With plans and permits in place and the lengthy permitting and entitlement process already addressed, this property offers the rare ability to move directly toward construction and bring your vision to life. Set against a spectacular coastal backdrop, 29359 Bluewater Drive captures gorgeous ocean and mountain views, creating an extraordinary setting for a sophisticated new residence. Thoughtfully designed to embrace the surrounding landscape, the proposed home offers a strong foundation for a luxurious contemporary retreat while leaving room for the next owner to add their own finishing touches and personal style. This is the opportunity Malibu buyers dream of; new construction, exceptional views, beach proximity, and the freedom to create a home that feels entirely your own without starting from scratch or navigating a lengthy permitting process. Located in the highly desirable Point Dume enclave on one of the most coveted streets, the property offers an unparalleled coastal lifestyle. Enjoy the convenience of being within walking distance of the beach, with ocean breezes, morning walks along the sand, dramatic sunsets, and the natural beauty that makes Point Dume one of Malibu's most exclusive and desirable communities. For the discerning buyer seeking something truly special, the value extends beyond the property itself. Rarely does a ready-to-build opportunity of this caliber become available in Point Dume. Combining new construction, panoramic ocean and mountain views, beach access, privacy, and the ability to add your own signature to the final residence, 29359 Bluewater Drive is a one-of-a-kind opportunity to create your own Malibu legacy.

Listing Agent

Glen Steele

Coldwell Banker Realty License #01480449 Listed on: 08/19/2026

Coldwell Banker Realty

Co-Listing Agent

Alyssa Higgins

Coldwell Banker Realty License #02245733

Property Details

Property Type

  • Land

Lot Details

  • 1.21 Acre Lot
  • Lot Dimensions are 104x510
  • Property is zoned LCRA1*

Additional Features

  • Ocean Views
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4468-006-013

Property Details

Property Type

Land

Lot Details

1.21 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 1.2124
  • Lot Dimensions: 104x510
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • View: Ocean
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone Service: In Street
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 4468-006-013
  • Lot Size Area: 52810

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Sold Price
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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $24,807 $2,024,664 $2,024,664
2025 $24,807 $1,984,965 $1,984,965
2024 $26,400 $1,946,045 $1,946,045
2023 $22,758 $1,907,888 $1,907,888 $0
2022 $22,437 $1,870,479 $1,870,479 $0
2021 $21,914 $1,833,803 $1,833,803 $0
2020 $21,808 $1,815,000 $1,815,000 $0
2019 $1,928 $96,781 $96,679 $102
2018 $2,420 $185,692 $94,784 $90,908
2016 $2,319 $178,483 $91,104 $87,379
2015 $2,291 $175,803 $89,736 $86,067
2014 $2,297 $172,361 $87,979 $84,382
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2026 08/19/26 For Sale $5,995,000 +230.3% --
06/03/2019 06/03/19 Sold $1,815,000 -19.3% $1,095 / Sq Ft View Prior Sale
04/11/2019 04/11/19 Price Changed $2,250,000 -15.1% $1,357 / Sq Ft
03/25/2019 03/25/19 For Sale $2,650,000 -- $1,598 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- Priority Title
Grant Deed $1,815,000 Priority Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $50,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Source: The MLS

MLS Number: 26873015

The MLS

APN: 4468-006-013

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